GBR are at a very good buying price level ATM. Trading at about $50/ Oz In ground value. Degrey mining Trading at about $200/Oz IGV. All resources currently trading at heavy discounts to IGV and spot in the case of gold producers.
Money still flowing into risk assets like tech and crypto. The magnificent 7 and crypto getting the bulk of the inflows. If you take out the top 7 the broader market is actually lower. Crypto is a pure speculation based asset class IMO, and now it has been bastardised by blackrock and will be paper manipulated like all other commodities, which is a shame for the crypto believers and purists.
GBR Price at posting:
5.8¢ Sentiment: Buy Disclosure: Held
